Having Bitcoin at 20k in 2020 could me be giving us a glimpse of what to expect in 2021
For Bitcoin 2020 have been a success judging by how it fell to 5k region back in March and now in the 18k region.
Looking at a year's chart of Bitcoin, it is obvious to see the steady rise over time though it can also be noticed how the growth was exactly steady with dips and rises along the way which is just the volatile nature of BTC.
As at the time of writing Bitcoin is holding on $18,485.94 with all eyes on on the nearest upwards thousand 19k, which I feel can be attained this year and when that happens, I see nothing stopping the bulls even if it take their last gas to hit 20k.
What will this scenario mean for 2021, I optimistically a continuous growth not only for BTC but ALTs as well. Covid or lockdown BTC cares less as continues to makes history.
Here's a Tweet from Pomp with bullish contents all over it .
We are about to witness one of the greatest bull markets in financial history.
— Pomp 🌪 (@APompliano) November 20, 2020
There is rarely a financial asset that increases in market cap measured in hundreds of billions of dollars over a 12 month period.
It just hit me how historic this Bitcoin bull run will be.
The bulls could be out for it all this time and it is just exciting to be witnessing all this within the cryptosphere.
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Image by @doze
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